E-mail Sent to American Eagle Outfitters

My message:

Hi, American Eagle Outfitters!

I’m interested in your pants!

Where are they made?

I like corduroy specifically (for comfort and sanitary reasons), but I’d like to know where all of your clothes are made.  Are they made in America?  If not, where?  How well compensated are workers who make American Eagle Outfitter clothing?

Curiously,
Clifton

Continue reading E-mail Sent to American Eagle Outfitters

Trickle-On Economics Compilation

All information is from Zay N. Smith of the Chicago Sun-Times.

January 10, 2008
Grab your umbrella

QT Trickle-On Economics Update:

The average CEO in this country, as of today, has been paid so far this year what the average worker earns in seven years.


November 27, 2008
Odd definition of ‘forced out’

QT Trickle-On Economics Update:

Citigroup, whose CEO was given an exit package worth $29.5 million when he was forced out because of losses, is considering plans to lay off as many as 45,000 workers to cut costs.

[Charles Prince of Citigroup received an exit package worth $68 million. This was 8 months before Citigroup cut 52,000 jobs].


December 3, 2007
Hedges are green

QT Trickle-On Economics Update:

The top 20 private equity and hedge fund managers made more in 10 minutes last year than the average American worker made in the entire year—

and were taxed at 15 percent.

Continue reading Trickle-On Economics Compilation

Anderson, J. (2008, March 7). Congress Questions Executives on Pay. The New York Times. Retrieved September 22, 2014 from http://www.nytimes.com/2008/03/07/business/07cnd-pay.html?pagewanted=print&_r=0
Ellis, D. (2008, November 17). Citigroup to cut more than 50,000 jobs. CNN Money. Retrieved September 22, 2014 from http://money.cnn.com/2008/11/17/news/companies/citigroup/